Gate Research Institute: MetaMask Wallet Plugin Officially Integrates Solana Network ｜ Cantor Fitzgerald Launches $2 Billion Bitcoin Collateral Loan Program

Crypto Market Overview

• BTC (+0.38% | Current price 108,753 USDT)

  • BTC price continues to fluctuate. After breaking through the 111,000 USD mark, it has failed to hold effectively. Subsequently, two attempts to break the critical resistance level of 111,000 USD have also failed. It is expected that in the short term, BTC will continue to maintain a fluctuating consolidation trend around the recent high point, with a support level at 107,000 USD and a resistance level at 111,000 USD.

• On Tuesday, BTC ETF had a net inflow of $385 million, continuing a 9-day streak of net inflows, with IBIT having a net inflow of $409 million, and ARKB experiencing a net outflow of $38.3 million.

• ETH (+4.15% | Current Price 2,634 USDT)

  • Gate market data shows that the ETH price has seen a slight increase in the last 24 hours, briefly breaking above the $2,700 mark but failing to stabilize, subsequently fluctuating lower and falling below that level, with a consolidation trend prevailing in the short term. As of today, ETH’s market share has risen to 9.3%, and the ETH/BTC exchange rate is currently reported at 0.0242.
  • On Tuesday, ETH ETFs saw a net inflow of $38.8 million, marking 7 consecutive days of net inflows, with ETHA netting $32.5 million and FETH netting $3.4 million.

Altcoins: Altcoins have seen a collective pullback after yesterday’s rally, with the Altcoin Season Index continuing to fall back to 23.

• Macro:
  • Due to the Memorial Day holiday, U.S. stocks resumed trading on the first trading day of the week and closed higher across the board. The Dow Jones Industrial Average rose 1.78%, the Nasdaq Composite rose 2.47%, and the S&P 500 added 2.05% as big tech stocks broadly strengthened. The U.S. dollar index also swept away its recent decline, rebounding more than 0.6%. The turning point of this round of market conditions began last Friday, when former US President Donald Trump suddenly released heavy news. Against the backdrop of stalled progress in trade talks between China and the United States, Trump announced that he would impose an additional 50% tariff on EU goods from June 1. However, there was another reversal on Sunday night, when Trump posted on social media that he had agreed to postpone the implementation date of the tariffs until July 9 at the request of European Commission President Ursula von der Leyen.
  • As of May 28, 10:00 AM (UTC+8), the spot gold price is temporarily reported at $3,306.96 per ounce, with a 24H increase of 0.06%.

Trending Tokens

PFVS * Puffverse (+ 46.69%, Circulating Market Cap 73 million USD)*

According to Gate’s market data, the current price of the PFVS token is 0.0733 USD, with a 24-hour increase of 46.69%.

Puffverse is a 3D metaverse dreamland like Disney, dedicated to seamlessly connecting the virtual worlds of Web3 with the real world of Web2. It is not just a fun party game and cloud gaming platform, but a brand new domain to explore the possibilities of future digital interactions. Puffverse brings users a digital space that is both familiar and full of surprises through its innovative technology and design, allowing people to find their own place in the virtual world while also paving new paths for the future of digital interaction.

Yesterday, the PFVS token was launched for trading for the first time, reaching a maximum of 0.18 dollars during the session. After a significant surge, the price has corrected, and the overall trend is showing a stepped pullback pattern. Before the pullback phase is fully confirmed to be over, it is advisable for investors to remain cautious, manage their positions wisely, and guard against short-term volatility risks.

WCT * WalletConnect (+ 31.04%, circulating market value 950 million USD)*

According to Gate’s market data, the current price of the WCT token is 0.9539 dollars, with a 24-hour increase of 31.04%.

Wallet Connect is a connection network aimed at reshaping the on-chain interaction experience. As an important component of Web3 infrastructure, it has been widely applied in various fields such as decentralized finance (DeFi), non-fungible tokens (NFT), staking, and trading. Its iconic blue icon has a high recognition among crypto users and is regarded as a trusted standard for on-chain connections, similar to the status of Visa in traditional payment systems.

On the news side, WalletConnect recently announced that its governance token WCT has officially landed on the Solana network, which marks the official start of the multi-chain process of WalletConnect, and more chain integrations are already under development, triggering optimistic expectations in the market. In terms of technical form, the WCT token has been operating in a solid ascending channel since its launch. The recent market has directly broken through the upper band from the middle of the large cycle upward channel, constituting a breakthrough trend at the large cycle level. However, in the near term, it remains to be concerned about potential pullback pressures. At present, the upper band of the channel and the key support area are both located near $0.90, which may become an important technical reference level for the short-term market.

VIRTUAL Virtuals Protocol (+ 14.06%, circulating market cap 2.43 billion USD)

According to Gate.io market data, the current price of the VIRTUAL token is $2.4303, with a 24-hour increase of 14.06%.

Virtuals Protocol is an innovative platform based on blockchain technology, aimed at achieving deep integration of artificial intelligence (AI) and blockchain, providing users with a new experience for creating, managing, and interacting with AI agents. It allows anyone to create an AI agent through simple operations, which is a virtual character that can interact with the environment and participate like a human. These AI agents possess multimodal interaction capabilities, including text, voice, and 3D animations, and can seamlessly operate across multiple platforms such as Roblox, TikTok, and Telegram games.

Benefiting from the strong performance of the AI sector, the VIRTUAL token has seen significant gains recently, consistently operating within an upward channel since April. The 30-day moving average acts as a medium-term support, playing a positive role in trend guidance and continuously driving the VIRTUAL token to maintain a steady upward trend.

Alpha Interpretation

MetaMask browser wallet plugin officially integrates Solana network

On May 27, 2025, MetaMask announced that its latest browser wallet plugin (v12.18) is officially integrated with the Solana network, allowing users to manage Ethereum and Solana accounts in one interface, support sending, receiving, exchanging, cross-chain, and accessing Solana dApps, and mobile support is expected to be launched in a few weeks.

MetaMask now supports the Solana network, enabling its 30 million users to seamlessly manage their Ethereum and Solana assets in a single wallet, eliminating the need to install additional wallets such as Phantom or Solflare. Users can directly participate in SOL staking through MetaMask, or trade Solana meme coins including BONN, effectively simplifying the operational complexity of multi-wallet management.

This integration marks an important advancement for the Solana network in terms of cross-chain interoperability, not only lowering the usage threshold for users but also injecting new growth momentum into its DeFi and GameFi ecosystems. Developers will also benefit from a more streamlined dApp access process, with an expected significant increase in overall transaction activity and user participation. This update is not only a technical expansion but also represents a key step in the evolution of cross-chain wallet infrastructure.

Cantor Fitzgerald launches a $2 billion Bitcoin collateral loan program.

On May 27, 2025, Wall Street financial giant Cantor Fitzgerald officially launched its $2 billion bitcoin-backed loan program, with the first tranche of funding for cryptocurrency companies FalconX Ltd. and Maple Finance. The program allows institutions holding Bitcoin to obtain loans by using it as collateral, freeing up liquidity without having to sell the asset.

Cantor’s $2 billion Bitcoin-backed financing program marks the maturity and viability of Bitcoin as an institutional-grade collateral asset. The program allows customers to access USD liquidity without having to sell Bitcoin, and is especially suitable for long-term holders (HODLers). To date, Cantor has served more than 5,000 customers, and its entry has further inspired other financial institutions such as Galaxy Digital, Fidelity, and others to launch similar products.

The program can be seen as a bridge between crypto assets and traditional finance. On the one hand, the participation of traditional financial institutions has significantly promoted the demand and mainstreaming of Bitcoin. On the other hand, the crypto industry has also achieved breakthroughs in institutional adoption and trading activity. For hedge funds and corporate users, Bitcoin is being seen as an efficient and compliant collateral for financing, and its financial attributes are gaining widespread recognition at an accelerated pace.

Grayscale launches AI encryption industry asset sector, including TAO, NEAR, RENDER

On May 28, 2025, Grayscale announced the launch of the AI crypto industry sector, which is the sixth largest sector, containing 20 assets and a total market capitalization of about $20 billion, accounting for 0.67% of the crypto market, making it the smallest segment. With a market capitalization of $519 billion, the financial sector ranks third. The AI sector integrates tokens that originally belonged to other sectors, and the index standard remains unchanged. Grayscale believes that the small scale of the AI sector reflects that the project is in its early stages.

Grayscale has set up a new AI crypto sector, focusing on 20 assets, with a market capitalization of $20 billion, which is small but highlights the potential of the integration of AI and blockchain. The sector size accounts for only 0.67%, reflecting the early characteristics of AI projects, with huge room for growth but also high risks. Consolidating existing tokens rather than adding them shows a cautious strategy to avoid market bubbles. Compared to the $519 billion in the financial sector, the AI sector is still in its infancy, and short-term speculation may push up prices, but long-term value needs to be supported by technology. Grayscale’s move may lead the way for investment, but investors should be wary of the volatility and regulatory uncertainty of early-stage projects, and investors should be cautious in assessing.

Gate launchpool

Project Details

• Subscription Project: Giza
• Token Name: Giza
• New subscription time: Until May 28, 2025, 20:00 (UTC+8)
• Participation method: ETH, BTC
• Individual participation limit: 300 ETH, 10 BTC
• Individual hourly reward cap: 375 Giza

Project Introduction

The Giza Protocol is a decentralized finance (DeFi) infrastructure that focuses on driving complex financial market operations through Autonomous Agents, aiming to transcend the limitations of human cognition and create “Transcendental Finance.” Its vision is to combine artificial intelligence with blockchain technology, allowing ordinary users and institutions to deploy smart financial strategies in a non-custodial manner through standardized protocol interfaces and decentralized computing networks, optimizing returns, reducing risks, and enhancing efficiency.
Reference Material:

• Gate, https://www.gate.io/trade/BTC_USDT
• Farside Investors, https://farside.co.uk/btc/
• CoinGecko, https://www.coingecko.com/categories
• Investing, https://investing.com/
• Believe, https://www.believescreener.com/
• CoinMarketCap, https://coinmarketcap.com/cmclaunch/
• X, https://x.com/LagrangeFndn/status/1927034374354067758
• Bloomberg, https://www.bloomberg.com/company/?srnd=homepage-americas
• X, https://x.com/bcgame/status/1927285097201270983
• cryptobriefing, https://cryptobriefing.com/grayscale-high-potential-tokens-2025/

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Disclaimer Investing in the crypto market involves high risks. It is recommended that users conduct independent research and fully understand the nature of the assets and products being purchased before making any investment decisions. Gate does not bear any responsibility for any losses or damages resulting from such investment decisions.